Physical Rubber Prices Back On Bearish Trend As Growth Expected To Slow

Over the month of February this year, rubber prices mostly trended sideways in both the physical and futures markets. Within the physical rubber market, all 7 grades saw a small percentage change of below 2%, disregarding direction. The average of all these price changes amounts to a 0.2% increase in physical rubber prices. Just the month before from January up till February, the average percentage change across all 7 physical grades was 5%, with prices increasing across the board.